Brooklands Fund Management Ltd Sells 3,078 Shares of S&P Global Inc. $SPGI

Brooklands Fund Management Ltd lessened its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 93.8% in the 1st quarter, Holdings Channel reports. The institutional investor owned 202 shares of the business services provider’s stock after selling 3,078 shares during the quarter. Brooklands Fund Management Ltd’s holdings in S&P Global were worth $81,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of SPGI. Modern Wealth Management LLC raised its holdings in shares of S&P Global by 13.9% in the first quarter. Modern Wealth Management LLC now owns 1,652 shares of the business services provider’s stock worth $702,000 after buying an additional 202 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in S&P Global by 22,716.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 376,009 shares of the business services provider’s stock valued at $159,932,000 after acquiring an additional 374,361 shares during the period. Caxton Associates LLP bought a new position in S&P Global in the 1st quarter valued at $2,994,000. Cloverfields Capital Group LP grew its position in S&P Global by 33.8% in the 1st quarter. Cloverfields Capital Group LP now owns 11,868 shares of the business services provider’s stock valued at $5,048,000 after acquiring an additional 3,000 shares during the last quarter. Finally, Greenline Wealth Management LLC increased its stake in S&P Global by 322.5% in the first quarter. Greenline Wealth Management LLC now owns 507 shares of the business services provider’s stock worth $215,000 after purchasing an additional 387 shares during the period. Institutional investors own 87.17% of the company’s stock.

More S&P Global News

Here are the key news stories impacting S&P Global this week:

• Positive Sentiment: S&P Global Market Intelligence launched a new AI-powered workflow capability for Capital IQ Pro with Farsight, a move that could strengthen its product offering and support client retention. S&P Global Market Intelligence Partners with Farsight to Launch AI-powered Financial Workflow Capability for Capital IQ Pro
• Positive Sentiment: Robert W. Baird raised its price target on SPGI to $521, signaling continued optimism from Wall Street. Robert W. Baird Increases S&P Global (NYSE:SPGI) Price Target to $521.00
• Positive Sentiment: JPMorgan also projected strong price appreciation for S&P Global, adding to the bullish analyst backdrop. JPMorgan Chase & Co. Forecasts Strong Price Appreciation for S&P Global (NYSE:SPGI) Stock
• Neutral Sentiment: Analysts expect Q2 strength in ratings, indices, and market intelligence, but also see total revenue potentially declining, making the upcoming earnings release a mixed setup. S&P Global Gears Up to Report Q2 Earnings: What’s in Store?
• Neutral Sentiment: Coverage ahead of the report focuses on key operating metrics rather than headline estimates, suggesting investors are watching for details on segment performance and margins. S&P Global (SPGI) Q2 Earnings on the Horizon: Analysts’ Insights on Key Performance Measures
• Neutral Sentiment: Erste Group lifted its FY2027 EPS estimate above consensus, which supports a favorable longer-term earnings outlook. Erste Group Bank FY2027 EPS Estimates for S&P Global
• Negative Sentiment: Zacks Research downgraded SPGI from hold to strong sell, adding to near-term caution around the stock. S&P Global was downgraded by Zacks Research from hold to strong sell
• Negative Sentiment: The market also reacted to concerns that SPGI could be trading above fair value following its $1 billion note exchange, which may weigh on sentiment. S&P Global (SPGI) Could Be 14% Above Fair Value After Its $1b Note Exchange

S&P Global Trading Down 2.1%

NYSE:SPGI opened at $420.14 on Friday. S&P Global Inc. has a one year low of $381.61 and a one year high of $579.05. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.68 and a current ratio of 0.68. The firm has a market cap of $124.36 billion, a P/E ratio of 26.59, a P/E/G ratio of 2.18 and a beta of 1.08. The firm has a 50-day simple moving average of $422.80 and a 200-day simple moving average of $442.22.

S&P Global (NYSE:SPGI) last released its quarterly earnings data on Tuesday, April 28th. The business services provider reported $4.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.82 by $0.15. The firm had revenue of $4.17 billion for the quarter, compared to the consensus estimate of $4.08 billion. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. The company’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period last year, the firm earned $4.37 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Equities analysts anticipate that S&P Global Inc. will post 18.37 EPS for the current fiscal year.

S&P Global Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Wednesday, August 26th will be given a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, August 26th. S&P Global’s dividend payout ratio (DPR) is 24.56%.

Insider Buying and Selling

In other news, CEO Catherine R. Clay purchased 2,500 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was acquired at an average cost of $431.39 per share, with a total value of $1,078,475.00. Following the completion of the transaction, the chief executive officer owned 2,500 shares in the company, valued at $1,078,475. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Robert Edward Jr. Moritz purchased 1,152 shares of the stock in a transaction dated Thursday, April 30th. The stock was purchased at an average price of $434.03 per share, for a total transaction of $500,002.56. Following the completion of the acquisition, the director directly owned 1,152 shares in the company, valued at approximately $500,002.56. This represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased 5,974 shares of company stock worth $2,576,775 in the last three months. 0.03% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Daiwa Securities Group lowered their target price on shares of S&P Global from $490.00 to $485.00 and set an “outperform” rating for the company in a research note on Wednesday, May 20th. JPMorgan Chase & Co. raised their price target on shares of S&P Global from $535.00 to $555.00 and gave the stock an “overweight” rating in a research note on Monday. Stifel Nicolaus lifted their price objective on shares of S&P Global from $489.00 to $521.00 and gave the company a “buy” rating in a report on Friday, July 17th. Robert W. Baird boosted their price objective on shares of S&P Global from $520.00 to $521.00 and gave the company an “outperform” rating in a research report on Tuesday. Finally, Morgan Stanley reduced their target price on shares of S&P Global from $557.00 to $525.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 7th. Eighteen equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, S&P Global currently has a consensus rating of “Moderate Buy” and an average target price of $533.59.

S&P Global Profile

S&P Global is a leading provider of financial information, analytics and benchmark indices that serve investors, issuers, corporations and public institutions worldwide. The company operates through well-known businesses that include credit ratings, market intelligence and index licensing, as well as commodity and energy information services. Its products and services are used to assess creditworthiness, inform investment decisions, construct and track benchmark portfolios, and support risk and commodity market analysis.

S&P Global Ratings provides independent credit ratings, research and data used by fixed income investors and capital market participants to evaluate issuer and transaction risk.